UAE Ambassador attends ‘South East Europe Tourism’

  BELGRADE / WAM Juma Rashid Saif Al Dhaheri, UAE Ambassador to the Republic of Serbia, on Thursday attended the 6th Business Conference “South East Europe Tourism – SEET2016”. The event is being taking place under the patronage of Ministry of Trade, Tourism and Telecommunications of Republic of Serbia from September 28 in Sava Centre, Belgrade. The event aims to ...

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Will TPP rise from the dead?

  The question about the TPP — the Trans-Pacific Partnership, President Obama’s signature trade agreement — is whether it’s already gone to the political morgue or whether it’s still in intensive care. Both Hillary Clinton and Donald Trump oppose the agreement, while the president has urged ratification. With Obama’s term ending and his already-modest influence eroding by the day, TPP ...

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The dangerous cult of academic macroeconomics

  Paul Romer, chief economist at the World Bank, has offered a controversial explanation for why the shocking experience of the 2008 financial crisis has had so little effect on academic macroeconomics. The field, he asserts, has devolved into a sort of cult in which loyalty to certain figures of authority matters more than the pursuit of the truth. Could ...

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How to protect Americans against natural disasters

  No matter how often the U.S. is hit with storms, wildfires and other natural disasters, cities and states remain poorly prepared. Houses are destroyed, transit systems are swamped, roads and bridges are wiped out. The Federal Emergency Management Agency sweeps in to help with cleanup, temporary shelter and rebuilding. But then life goes on, with little concern for next ...

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UAE giving huge boost to knowledge economy

  The UAE has received high ranking from World Economic Forum in the recent Global Competitiveness Report. There are many performance indicators on which the competitiveness of an economy is decided, including infrastructure, goods market and labour market efficiency. Two of the key indexes in which the UAE has been making huge strides is education and technological readiness. These go ...

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Cheer up. History will forget this dismal campaign

  With its insults, lies, rancor and racism, this has been the most depressing election cycle of my lifetime. So it’s worth reminding ourselves that there’s plenty of good news for the U.S. of 2016, and that the good news probably far outweighs the bad. When historians look back on our era, the Hillary Clinton-Donald Trump campaign probably will be ...

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China’s progress is killing the instant noodle

  A crumpled instant-noodle bowl ground into the mud is an unlikely symbol of economic vitality. But during China’s boom years those bowls were as ubiquitous around Chinese construction sites as the high-rise cranes above them. That was no accident. For millions of Chinese workers, instant noodles were the convenient meal of choice, available for a few cents in every ...

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Why would anyone want a one-way ticket to Mars?

  SpaceX CEO Elon Musk made a splash at the International Astronautical Conference in Mexico with his plans for an Interplanetary Transport System, along with a disturbingly inspirational ultimatum: “There are really two fundamental paths. One path is we stay on Earth forever and there will be some eventual extinction event… The alternative is to become a space-faring civilization and ...

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VW working hard to get through ‘dieselgate’: CEO

  Paris / AFP Volkswagen boss Matthias Mueller has said that the troubled German automaker is using “all available resources” to work its way through the “dieselgate” emissions cheating scandal which has engulfed it. One year after the scandal erupted, it “is and will remain an incisive turning point, a pivotal event in our history,” VW chief executive Mueller said ...

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Britain should not expect special deal on Brexit, says Italian PM

  London / AFP Italian Prime Minister Matteo Renzi on Thursday said Britain should not expect special treatment in Brexit talks, as the British trade minister warned the EU would hurt itself if it imposed tariffs. Renzi’s comments are the latest from a European leader to highlight the tough stance Britain is likely to face when trying to negotiate access ...

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